EV Nickel Inc. V.EVNI

I smell a financing coming up.

[apapas1973]

The asks have been scooped up nicely at .125 over the last couple of days. However they seem to keep coming in. When we're hitting resistance like this it's usually a precursor to something. I know they're going to need money so they're going to do a raise soon. I was hoping for a strong run prior to that. Let's see what happens. Let's hope financing price is not too much lower than now. GLTA

[sandro74]

I think you're right. At this stage i think it could be a startegic shareholder, a Major or a car compagny. They will continue to advance W4 very soon for sure throuh production and they will need money for that. I'm confident that the entry price wlll be close to 20 cents.

[apapas1973]

Not sure. I hope so Sandro. We could see a low of about .095.  It would definitely give some confidence in the project. Although the way things have been going with juniors and strategic partners, who the heck knows. GLTA

[sandro74]

There are not a lot of companies with that nickel in NA...The potential is great for more discovery in both projects and the location is perfect. They gotta get to the PEA'S now and keep drilling. They need BIG money

[gwizard]

I think next financing will be strategic. Like the CEO said, when you release numbers like they did....the phone starts ringing. Hopefully much higher valuation bcuz the discount right now is disgusting (I have been taking advantage and buying all I can). Cheers 

[apapas1973]

I agree gwizard a strategic will come, just don't know if it's coming next or whether I would even want one now at this valuation. We would need to get this above 25-30 cents or more before entertaining some kind of partnership. At our current valuation of 6ish million we would have to give away the farm to get any money. Although if there are no other options then there will be no option